Do you
do State Licensing?
Yes; however, not JUST the application.
We also incorporate state regulations into policy and procedures,
training and documentation. We review current disclosures and
apply new disclosures when and where necessary.
What
does Operational Due Diligence cover?
The Operational Due Diligence reviews
the monitoring and testing of policies and procedures. It reviews
the structure of current process flow, internet practices, advertising,
privacy statements and disclosures. This reviews and links management
directives to corporate procedures. Testing may uncover issues
which management should be made aware of to cure.
What
is needed to obtain Correspondent Approval?
$250,000 minimum audited net worth
E & O insurance
Fidelity Insurance
Personal Financials
Most recent audited financials
Most recent Report Card
How long
does it take to go from Broker to Banker?
Anywhere from 60 days to 6 months
depending on your company's infrastructure.
What is your
cost?
Surprisingly reasonable! Please give us
a call or email and let us give you an affordable quote, one
which your company can comfortably accommodate. We pride ourselves
on quality, not on billable hours!
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